| Change Details | |
|---|---|
| Title | AXA Global Sustainable Distribution |
| Type | Other events |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 02 December 2024 |
| Change Details | Name & objective change |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | AXA Investment Managers UK Limited |
| Fund Name | AXA Global Sustainable Distribution |
| Type of change | Name & Objective Change |
| Date change effective from | 02/12/2024 |
| Is the event subject to shareholder approval? | No |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| AXA Global Sustainable Distribution | AXA Global Distribution |
| 3. Investment objectives | |
| Previous objective | To: (i) achieve income and long-term capital growth over a period of five years or more; and (ii) invest in companies which have leading or improving environmental, social and governance (ESG) practices, in line with the selection criteria described in the investment policy. The fund invests in shares of listed companies worldwide and index-linked bonds issued by developed market governments. The fund’s typical asset mix ranges between 50-60% of its Net Asset Value invested in shares, with the remaining 40-50% being invested mostly in index-linked bonds and cash. The ACD invests in shares of listed companies which either demonstrate leadership on sustainability issues (such as promoting better social outcomes, increasing the amount of renewable energy, and using the planet’s resources more sustainably and increased digitalisation) through strong environmental, social and governance (ESG) practices (“leaders”) or have shown a clear commitment to improve their ESG practices (“companies in transition”). More than 50% of the Fund’s equity investments will be in “leaders”. The ACD will also analyse a company’s financial status, quality of management, expected profitability and prospects for growth when selecting shares. |
| New objective | To achieve income and long-term capital growth over a period of five years or more. The fund invests in shares of listed companies worldwide and index-linked bonds issued by developed market governments. The fund’s typical asset mix ranges between 50-60% of its Net Asset Value invested in shares, with the remaining 40-50% being invested mostly in index-linked bonds and cash. The ACD invests in shares of listed companies based upon its analysis of a company’s financial status, quality of management, expected profitability and prospects for growth and, while the fund does not pursue specific sustainability goals, it seeks to avoid investing in companies which present excessive degrees of environmental, social and governance (ESG) risk. |